The Walt Disney Co. can ill afford another succession implosion.

The last time Chief Executive Bob Iger handed over the reins, the plan backfired, executives revolted, his replacement got bounced and Iger returned to lead the storied entertainment giant for another four years.

Iger will close out his two-decade tenure at Disney at the end of ...Read more

An estimated 100,000 rideshare drivers in Illinois could win the right to join a union under new legislation expected to be filed in Springfield this month, an effort that comes on the heels of similar campaigns in Massachusetts and California.

Because they are classified as independent contractors and not employees of companies like Uber and ...Read more

In 2012, when there were about 30,000 electric vehicles on the road statewide in California, Tesla was a small new company that mostly appealed to hobbyists, and the Toyota Prius was still a rarely seen novelty in many areas, former Gov. Jerry Brown signed an executive order setting an audacious goal: 1.5 million EVs sold statewide by 2025.

...Read more

The U.S. Bureau of Labor Statistics released its latest consumer price report last week, providing a closer look at how energy costs, grocery prices and other everyday expenses have shifted in the nearly 12 months since President Donald Trump assumed office.

Across the board, inflation accelerated last month, with prices rising 0.3% from ...Read more

As Xi Jinping battles unprecedented deflation and shrinking investment, he’s betting that China can sell more and more goods to the world to drive growth. To that end, Donald Trump’s threats against key U.S. allies are coming at a good time.

China’s world-beating export juggernaut played a key role in helping Xi hit his 5% growth target ...Read more

The bar stools were filled at Marna’s Eatery and Lounge in Robbinsdale on a recent weekday evening as owner Rolando Diaz poured a creamy cocktail from a shaker. Neighbors trickled in, and Diaz moved from bar to dining room to kitchen, packing takeout boxes, sorting silverware and greeting guests in a space designed to feel like a tropical ...Read more

DETROIT — The CEO of the auto industry's largest lobbying group said President Donald Trump's remark last week that the trade deal he previously negotiated with Mexico and Canada was "irrelevant" is an unsurprising negotiating tactic in the early stages of trade deal renegotiation talks.

"We're in the early stage of this process," John ...Read more

Germany’s €3 billion ($3.5 billion) subsidy program for electric vehicles will be open to all manufacturers, including Chinese brands, as the government seeks to revive sales in Europe’s largest car market.

The incentive, unveiled Monday, is part of a renewed push to boost electric-car adoption and support the struggling auto industry ...Read more

What’s the most important commodity for modern civilization? There’s a good argument that it’s not the ones we think about — oil, gas, copper, iron ore, gold — but something that’s ubiquitous and rarely grabs the attention of financial markets: concrete.

After water, it’s the substance we use most abundantly, with somewhere ...Read more

As Europe considers how best to respond to U.S. President Donald Trump’s latest threats over Greenland’s sovereignty, there’s one extreme potential counter measure that’s fueling debate among investors.

European countries hold trillions of dollars of U.S. bonds and stocks, some of which sit with public sector funds. That’s spurring ...Read more

The battle over a new tax on California's billionaires is set to heat up in the coming months as citizens spar over whether the state should squeeze its ultra-rich to better serve its ordinary residents.

The proposed billionaire tax that triggered the tempest is still far from being approved by voters or even making the ballot, but the idea has...Read more

In his final State of the State speech earlier this month, California Gov. Gavin Newsom took aim at a group that some say contribute to California's housing affordability crisis: corporate landlords.

Newsom vowed to take a tougher stance toward institutional investors, such as hedge funds and private equity groups, that buy up hundreds or ...Read more

An artificial intelligence startup that helps developers write and debug code is now worth nearly as much as United Airlines. A two-month-old AI computer company raised a massive $475 million seed round, with plans to secure even more financing soon. And a platform for ranking AI models is now valued at nearly $2 billion, less than a year after ...Read more

When former Space X engineer Josh Giegel launched his North Hollywood tech company Gambit in 2023, he had a vision for the battlefield of the future, one with fewer soldiers and more AI-driven assets.

His software would allow unmanned tanks and swarms of armed drones to communicate and adapt in real time — without human intervention.

The ...Read more

A new Sphere could rise at National Harbor, Maryland, under a proposal announced Sunday, a project officials say could become a new regional landmark and one of the largest economic development efforts in Prince George’s County history.

If finalized, the project would mark the second Sphere venue in the United States and the first built using...Read more

DEARBORN, Michigan — New features on the 2026 Ford Transit commercial van show how Ford Pro is betting on its upfitter partners for growth — and potentially securing a bit of that business, too.

After the Transit marked its 10th anniversary, 98% of the vans Ford Motor Co. has produced remain on the road, according to the company. ...Read more

President Donald Trump’s duties on imported goods are paid almost entirely by American importers, their domestic customers and ultimately U.S. consumers, a study from a German think tank concluded.

“Foreign exporters did not meaningfully reduce their prices in response to U.S. tariff increases,” a report released Monday by the Kiel ...Read more

RIYADH, Saudi Arabia — Ford Racing helps the Dearborn-based automaker across the globe by growing brand profile, employee talent and tech learnings for production cars.

Its latest racing venture is the brutal 14-day Dakar Rally across the Saudi sand. It’s the toughest off-road race on the global calendar — the Le Mans of off-road. Ford ...Read more

GameStop is shutting down more stores in California.

The video game, toy and collectible retailer has been struggling to find a way to thrive in a market where most of what it sells is easaier to get online. It has been shrinking its brick-and-mortar retail footprint for years to lower costs and has reportedly shut dozens of branches in ...Read more